12027 Pleasant Panorama Vw, Austin, TX 78738

Back on Market - Financing fell through. Vista Pointe section of the Lake Pointe community—one of the closest neighborhoods to downtown Austin within acclaimed Lake Travis ISD—this Santa Barbara-style residence blends timeless elegance with modern comfort; all set against Hill Country views.

Freshly updated with paint, carpet, and quartz countertops and backsplash, the home’s open-concept design offers bright, connected living. The inviting main living area flows seamlessly into the gourmet kitchen, where dual islands, a 6-burner gas range, Sub Zero–style refrigerator, stainless appliances, and floor-to-ceiling cabinetry create a chef’s dream. Two dining areas add versatility for both casual meals and formal gatherings.

The main level also features a private guest suite, ideal for visitors, multi-generational living, or a home office. Just a half-flight up, the children’s wing offers three bedrooms and a spacious lounge/game room, perfect for family activities. The owner’s retreat occupies its own floor, providing ultimate privacy with a spa-inspired bath, exercise and living areas, three walk-in closets, and a private balcony capturing sweeping Hill Country vistas—and even a glimpse of Lake Austin.

Outdoors, a resort-style pool and spa are encircled by a solid masonry privacy wall, creating a serene sanctuary for relaxation or entertainment. Expansive covered patios and outdoor kitchen extend the living space, perfect for al fresco dining.

Additional highlights include a 3-car back-entry garage accessed via a private alley, offering both convenience and discretion.

Lake Pointe residents enjoy direct Lake Austin access, miles of hiking trails, spring-fed creeks, tennis and sport courts, a clubhouse, and a welcoming community spirit. With Bee Cave, Lakeway, and Austin’s best shopping, dining, and entertainment just minutes away, this home delivers the perfect balance of natural beauty, suburban tranquility, and urban accessibility.

At $362 per square foot for 4,143 square feet on 0.3442 acres, 12027 Pleasant Panorama Vw makes a clear value case in Austin. This is a five-bedroom, four-bath single-family residence in Austin 78738, built in 2001 and set within Lake Travis ISD, with Lake Pointe Elementary, Bee Cave Middle School, and Lake Travis High School on the assigned path. For buyers weighing size, lot utility, and district strength together, that combination carries more weight than generic finish language. The home is also back on market after financing fell through, which is different from a pricing or condition reset and worth reading correctly.

The floor plan is organized around separation and daily function. The main living area opens to a large kitchen with dual islands, a 6-burner gas range, stainless appliances, substantial cabinetry, and two dining areas, which gives the house real working capacity rather than square footage that does not translate. A main-level guest suite adds flexibility for visitors, multigenerational living, or office use. Up a half-flight, three secondary bedrooms and a game room create a defined family wing. The owner’s retreat sits on its own level with three walk-in closets, a private balcony, a large bath, and added living and exercise space. That kind of privacy within a 2001 build is a meaningful design advantage because it is hard to recreate without major rework.

Outside, the lot supports a pool and spa, covered patios, an outdoor kitchen, and a solid masonry privacy wall that gives the backyard actual enclosure. The three-car back-entry garage, reached from a private alley, improves both curb presentation and day-to-day use. A fireplace adds another anchor to the main living space. Hill Country views and a reported glimpse of Lake Austin strengthen the setting, while Lake Pointe community access to Lake Austin, hiking trails, spring-fed creeks, tennis and sport courts, and a clubhouse adds neighborhood infrastructure that sophisticated buyers will measure over time. In a Lake Travis ISD location where usable square footage, lot size, and school path all matter, this property is positioned as a long-hold family home with clear functional value.